Illinois: Page 10

Illinois Issues Second Round of Conditional Adult-Use Cannabis Dispensary Licenses

Gov. JB Pritzker and the Illinois Department of Financial and Professional Regulation awarded 28 additional retail licenses July 29.

Illinois Adult-Use Cannabis Sales Reach $1.5 Billion

Sales are up 50% from last year, and the state has received nearly $450 million in tax revenue.

Illinois Awards First Batch of Conditional Adult-Use Cannabis Dispensary Licenses

Gov. JB Pritzker and the Illinois Department of Financial and Professional Regulation have issued 149 conditional licenses to applicants selected in the three licensing lotteries that were held last year.

Fridays Reign King for Massachusetts Cannabis Dispensaries

The busiest day of the week for retailers saw a 61% increase in sales traffic on average compared to the slowest day of the week—Monday.

Columbia Care Announces Approval of Business Merger With Cresco Labs at Special Meeting of Shareholders

Columbia Care shareholders overwhelmingly supported the merger with 98.5% of votes cast in favor of the business deal.

Illinois Adult-Use Cannabis Sales Hit $2.8 Billion in First 2 1/2 Years

The state’s 2022 sales are up 20% over the first sixth months of 2021.

Illinois Judge Lifts Court Order, Allows Craft Grow Cannabis Licensees to Proceed With Business Plans

Winnebago County Circuit Judge Stephen Balogh ruled that the plaintiffs in a lawsuit filed earlier this month to challenge the licensing process must file the suit under administrative review law.

New Court Order Puts Illinois Craft Grow Cannabis Licenses On Hold Again

Winnebago County Associate Judge Stephen Balogh issued an order June 6 that bars all craft grower licensees from operating until new litigation is resolved.

Illinois Adult-Use Cannabis Retailers Record Nearly $2.7 Billion Since Legalization

Cannabis shoppers in The Prairie State spent more than $129.8 million at adult-use dispensaries in May.

Illinois Awards 48 Craft Grow Cannabis Licenses

The licenses had been delayed due to litigation brought by unsuccessful applicants.

Verano Announces Exclusive Partnership With The Weldon Project’s Mission Green

The multistate operator will contribute $50,000 and match donations to advance the organization’s cannabis clemency and advocacy initiatives.

Judge Ends Court Order, Allows Illinois to Issue 185 New Cannabis Dispensary Licenses

Cook County Circuit Judge Michael Mullen has lifted the stay that was issued last year to bar the state from awarding the licenses until ongoing litigation was settled.

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